Chinese Walk.

Since the opening of the HSBC Building last year (1986), the China Bank Building has become the headquarters of Octopus Rich.

In his office, Lin Zhichao listened to the work reports of Lin Benfeng, President of Hang Lung Bank, and Sanders, President of Overseas Trust Bank. Hang Lung Bank holds an 80% stake in Overseas Trust Bank, so Lin Benfeng is also Sanders' direct boss.

Lin Benfeng reported: "At present, Hang Lung Bank has made a profit of 800 million Hong Kong dollars on the Nikkei 225 index. We strictly follow the policy set by the boss and take the same contract for each installment."

Lin Zhichao nodded with satisfaction, in September last year, the Singapore Exchange preemptively launched the Nikkei 225 futures index, which caused a certain diversion of the trading volume of the Japanese securities market. At this time, even Osaka did not have Nikkei 225 indexes, so Nikkei 225 trading in Singapore was very active.

The investment department of the overseas trust in Singapore is equivalent to an important investment channel for Lin Zhichao, and it also strengthens the investment banking business.

For the Nikkei 225 index, the operation method could not be simpler, at the beginning, a fixed investment amount is set, and the amount of funds purchased in each period is about the same; Then, just sit back and wait for the Nikkei 225 index to rise all the way.

You only need to 'buy' the Nikkei 225 futures index for September this year (1987) to expire, and then 'short' the October futures contract on the backhand.

This time, the Nikkei index has risen really scary. Before the 'Plaza Agreement', it was still 10,000 points, but now it is 20,000 points, and less than one and a half years have passed, but Lin Zhichao knows that this wave seems to be able to reach 39,000 points, which means that there is a double increase.

Therefore, the Nikkei index index index has to be operated all the time, and Lin Zhichao arranged for Harbour Investment and Hang Lung Bank to invest, but they are all done in the investment department of overseas trusts.

The reason why Hang Lung Bank is also arranged to be a Nikkei index futures index is because Hang Lung Bank is not listed, which is equivalent to Lin Zhichao's private wealth.

Mr. Lin continued, "At present, Hang Lung Bank has assets worth HK$7.6 billion. In the three and a half years since it was acquired by Octopus Financial Group, the boss has injected a total of 3 billion Hong Kong dollars. Among them, the profit from investment business (foreign exchange, futures index) was 1.86 billion Hong Kong dollars, the book profit from investment in overseas trusts was 1.2 billion yuan, and the rest of the business such loans received about 1.55 billion yuan."

When acquiring Hang Lung Bank, Lin Zhichao injected 500 million Hong Kong dollars into it, and the rest of the support was mainly for Lin Zhichao to deposit 1 billion US dollars into it, but he still had to pay interest to Victoria Harbour Investment normally, and the advantage was that he could take it out for lending and make considerable profits.

At the time of the acquisition of the Overseas Trust, Lin Zhichao injected another HK$2 billion into Hang Lung Bank, and Hang Lung Bank injected capital into the Overseas Trust to obtain 80% of the equity. Today, the market value of the overseas trust has grown to HK$4 billion, and not only has Hang Lung Bank made a book profit of HK$1.2 billion, but the original shareholders are also smiling (it stands to reason that they are going to go bankrupt and will not get a penny).

The reason why the market value of overseas trusts has skyrocketed several times is that in addition to injecting 2 billion yuan, there is also a big profit from 'yen currency/foreign exchange'.

Subsequently.

Saunders reported: "Last year, overseas trusts made a profit of HK$1.6 billion, and the total loss fell from HK$3 billion to HK$1.4 billion, of which the yen foreign exchange/currency made a profit of HK$1 billion, and normal businesses such as loans received HK$600 million. According to the current situation, it is expected that in 1988, the loss will turn into profit growth, and we will recover 425 million Hong Kong dollars of bad debts in a year and a half, and there are still 160 million Hong Kong dollars left to recover.

The net assets of the two banks have reached tens of billions of Hong Kong dollars, which is already the standard configuration of large banks. What's more, there are more than 50 billion deposits (Victoria Harbour Investment accounts for more than 40%).

Lin Zhichao said: "Well, overseas trusts do not need venture capital now, they only need to maintain deposit and loan business, as well as investment banking business. At a later stage, I will consider merging the two banks. ”

"Okay, boss!"

Lin Zhichao's idea is to wait until after the 87 stock market crash to let Hang Lung Bank privatize the Overseas Trust Bank; The two banks then merged to form a new bank –

He did not expect the 'family bank' to absorb a lot of deposits and develop into a large commercial bank, because the 'family bank' was more about absorbing the deposits of the Lin family and developing investment banking business.

Finally, Lin Zhichao said: "Next month, there will be a Central Land King auction, which is the former site of the Central Fire Station, covering an area of 22,600 square feet. Later, this site was used to build the headquarters of the new bank. ”

Lin Benfeng said: "Well, I wrote it down! ”

Although he is not a professional real estate person, he also deals with people in the real estate industry, and he is already ninety percent sure of the 'floor price' without premium. Generally speaking, if the reserve price exceeds 40%, it belongs to the good real estate market; More than sixty percent has caused a lot of competition; More than eighty percent, almost a win-win situation.

There is no shortage of stores for Hang Lung Bank and Overseas Trust Bank, after all, there are so many buildings in Lin Zhichao; There is no shortage of headquarters office buildings, but it is a signboard headquarters building.

The Chinese People's Bank Building can be renamed, but after all, this is a historical building, and Lin Zhichao has no plans to do so; The International Building on Des Voeux Road can also be renamed, but there is really no suitable way to say it.

But anyway, let's go and get a new piece of land and make it a headquarters building!

As for the Garden Daodi King in the late 80s (the former life of the International Treasure Plaza), Lin Zhichao also felt that it was not necessary, after all, his bank was not very powerful, and there was no need to build too large a building.

Therefore, it is estimated that the land fee of 890 million Hong Kong dollars will be 890 million Hong Kong dollars just this time, but Hang Lung Bank can afford it, after all, it has a net asset value of more than 7 billion.

After the two left, Lin Zhichao sat in the office and thought.

He easily built a syndicate of tens of billions of dollars, thanks to his strong financial resources (loan profits) and his investments in venture finance projects (yen foreign exchange, crude oil, Nikkei).

In the future, there will be many black swan events, from which he can operate and make a profit. Take the 'Nikkei Index' as an example, first of all, this wave can go up to 39,000 (bubble), and there is a '87 stock market crash' in the middle, the 'Kobe earthquake' in January 1995/'Bahrain Bank incident', the Asian financial crisis in July 1997, the Internet bubble in March 2000, and the U.S. subprime mortgage crisis (global financial crisis) in August 2007, all of which can be profitable.

Therefore, the development of the Lin family's bank is not for the purpose of developing a large multinational commercial bank, which is not something that a family bank can do, but must be backed by the state. The Lin family's bank only needs to become a large local Chinese-funded bank, and its main overseas business is investment banking business, as well as a certain basic commercial banking business.

As a result, Lin Zhichao actually has three 'financial investment companies' in his hands - Harbour Investment, Family Office, and Octopus Financial Group.

Presently:

The asset value of Lin Zhichao's family office is about 3 billion US dollars, and almost all of the assets are stocks, including US stocks, British stocks, Japanese stocks, and Hong Kong stocks.

The assets of Victoria Harbour Investment are as high as more than 25 billion US dollars, and the assets include US stocks, Hong Kong stocks, Japanese stocks, British stocks, Singapore stocks, as well as real estate investments in Japan and Hong Kong, as well as a large amount of cash flow (about 6 billion US dollars).

The huge wealth makes Lin Zhichao feel very accomplished.

Of course, he also began to prepare for the privatization of more companies, such as Uniqlo Enterprises and Overseas Trust Bank.

In the end, only the Wharf Group and Cheung Kong will be left (Cheung Kong, Hutchison and HK Electric), because these companies are too valuable and will require huge cash flow if privatized, and Lin Zhichao does not want to tell everyone that he is so rich.

On the whole, it is enough for each of the three houses to be in charge of a listed company.

In the conference room of the Global Building, Lin Zhichao represented the Global Group, and Rong Zhi represented CEFC Group (Hong Kong), and the two parties signed an equity transfer agreement under the witness of the lawyer.

The agreement is roughly as follows: CEFC Group (Hong Kong) will invest 620 million Hong Kong dollars to acquire a 12% stake in Hong Kong Airlines held by Universal Group.

After the signing of this agreement, Hong Kong Airlines will have a 48% stake in Global Group, 20% in HSBC, 20% in Hong Kong tycoons and 12% in CEFC Group (Hong Kong).

At the same time, Hong Kong Airlines is about to go public as a public listed company.

When it comes to the problem of routes, Lin Zhichao also made a layout step by step, and in the past few years, he has attracted Hong Kong tycoons to enter the game, in order to give a signal to the mainland - Hong Kong Airlines is the representative of Hong Kong's tycoon group, and the route should be taken care of.

Now, it is the entry of CESD Group and the preparation for listing, which is to completely regard Hong Kong Airlines as an airline representing Hong Kong.

After the signing of "happy cooperation", Lin Zhichao said kindly.

Rong Zhi is Lin Zhichao's junior, and when he first met, he called him 'Uncle Lin'.

Lin Zhichao is regarded as the son-in-law of the wealthy family in Jiangnan, and he also takes care of Rong Zhi as a 'nephew', not to mention that Lin Zhichao was a director of CEFC Group in 1979.

"It is a great honor to work with Lin Sheng. Hong Kong Airlines is a very well-managed company, and we at CEFC Hong Kong are honored to be part of this company. Rong Zhi hurriedly held Lin Zhichao's hand and said modestly.

This 'Uncle Lin' is not an ordinary rich man in Hong Kong, there are many second generations with deep backgrounds in Hong Kong, and this 'Uncle Lin' will ignore it. Of course, many second-generation people who come to Hong Kong are really not like words, and Hong Kong is what they look like in the world, which is very annoying.

But they don't look at Uncle Lin's ability, even the old man has to invite him to meet every year, and he has a lot of relationships; What's more, it is not wrong for Uncle Lin to belong to the 'shadow governor of Hong Kong' in Hong Kong.

"CEFC Hong Kong has great potential, the first is that you have a strong financial background, and the second is that Xiao Rongsheng has a practical style!"

"Thank you Lin Sheng for the compliment"

Rong Zhi suddenly felt faced!

In fact, Lin Zhichao's evaluation of Rong Zhi is a 'Chen Qingsong-style character', the only difference is that Rong Zhi really has a background. In his previous life, CEFC Hong Kong had always developed well, and with the care of Li Jiacheng, he soon became one of the top ten chaebols in Hong Kong.

However, after the swelling, there was no Li Jiacheng's care, and he suddenly returned to his original shape. Investing in Australian iron ore has suffered huge losses, and investing in high-risk financial products has suffered huge losses.

Subsequently, Lin Zhichao invited Rong Zhi to his office, accompanied by Lin Ruicheng.

After coming to the office, Rong Zhi humbly asked: "Uncle Lin, do you have any suggestions for CEFC Hong Kong?" ”

Lin Zhichao said: "I believe you can lead CEFC Hong Kong to stand firm, if CEFC Hong Kong develops to a certain extent, it can be listed on the backdoor." ”

There are many shells of listed companies in the market, and even Lin Zhichao has them.

Rong Zhi's eyes lit up, he was pleasantly surprised not that Lin Zhichao reminded him of 'backdoor listing', after all, he also wanted to get it; he was pleasantly surprised that if Lin Zhichao was willing to help CEFC Hong Kong staff go public, or with the help of Lin Zhichao's connections, this would be a proper shortcut.

In terms of personal connections, Hong Kong barrister Li Yeguang, securities experts Du Huilian and Liang Botao are all members of Lin Zhichao's 'wisdom group'.

"Well, when the time comes, please ask you to counsel a person or two!"

"There is no problem with this, as long as you run CEFC Hong Kong and meet the conditions for listing, I can give you a counselor in the search for a shell."

Rong Zhi happily left Lin Zhichao's office, and now it is a Chinese-funded institution that wants to get on Lin Zhichao's ship, but how many are qualified?

Lin Zhichao is not only a local tycoon in Hong Kong, but more importantly, he is good at financial market acquisitions, which is very important for many companies to gain a foothold in Hong Kong.

After Rong Zhi left.

Lin Ruicheng asked curiously, "Dad, do you value Rong Zhi a lot?" ”

Lin Zhichao said with a smile: "If we can do something and support him, we won't lose, it's just an exchange of interests." If it's Adou who can't be helped, why should I mess with it. ”

Lin Ruicheng said: "So, he is very powerful? ”

Lin Zhichao said: "In Hong Kong, you can always be powerful, and whether you can go overseas in the future is another story." ”

In fact, it is difficult for Chinese people to achieve success in world business, and in his previous life, Li Jiacheng was born.

Something that even a Hong Kong tycoon can't handle, let alone a mainland businessman!

Lin Zhichao has also been studying this topic, and he must also be steady step by step before he dares to expand overseas. Of course, his research topic is the way of management.

(End of chapter)